23 December 2008

Quote of the day

Pesto from last night's Panorama on the banking crisis:
"We've got into this mess because we had too little saving, too few people saving enough. And now we're punishing those savers by cutting interest rates.
There is a lot of unfairness in a way about the measures that are being taken to get us out of this mess. A lot of people who behaved more prudently are being penalised to bail out the feckless."

The programme is worth a look if you missed it. You can catch it here.

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